2012-09-26
2012-10-04
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it was formed. and while the european economy has stalled, countries like indonesia, malaysia, india and china continue to grow, and at a phenomenal rate. the potential consequences of this shift in power, should we in the west fail to respond, cannot be overstated. our influence in the world, our standard of living, our ability to fund our public services and maintain our culture of openness and tolerance -- all are in the balance. for power would move not only away from the liberal and democratic world, but within it too, from moderates to hard liners, from internationalists to isolationists, from those committed to the politics of cooperation to those hell-bent on confrontation. if history has taught us anything, it is that extremists thrive in tough times. so yes, if we fail to deal with our debts and tackle the weaknesses in our economy, our country will pay a heavy political price. but the human cost would be higher still. not only would we fall behind internationally, we would leave a trail of victims at home too. so to those who ask, incredulously, what we -- the liberal democrats -- a

. a compelling message as to why they should throw out barack obama because the economy in ohio is doing better than it is in other parts of the country. >> it is and the question is, who gets the credit ryan joins me now along with roland martin. roland, that was the kind of, you're not afraid to say what you think. a kick in the you know, at least they're saying they feel the way they feel. >> actually, honesty is always the best policy. it's amazing they are making sarah palin out to look like a you know, profit, if you will, when she said they should go rogue. they're going to have to get more aggressive in this campaign in order to close this gap. these debates are going to be critical, but again, these ceo frankly is giving a muddy story if you will as to why he should be the person. i love boxing, erin and they say you don't win the belt of the champion on points. you take it and mitt romney hasn't done that. he has to take it if he wants to win the presidency. >> it makes sense, but ryan, what in the world is he supposed to do? it sounds like he tried to be aggressive. after the attacks

is expected to attack the president on economy, and foreign policy and so far we have not seen what he will do for a second term. so, what do you anticipate the president will have to do, jehmu, in order to get ahead of this foreign policy gap that's going on right now in the wake of the death of four great americans. i don't know, kelly, i disagree with you. we haven't seen from president obama what his next four years would be, we have not seen anything from governor romney on what his business-- his presidency would look like, all he's done is attack the-- >> during the debate. >> what he will do during the debate i think is remind the american people of his record on counterterrorism, and that is not something that governor romney is going to be able to poke any holes in, and i think he will also remind the american people of when it comes to the economy, that it's the turn around is going to take time. >> oh. >> and you've seen president clinton talk about why it took eight years to get us surpluses and i think it will be finally clear, because, unfortunately. >> jehmu. >> the media has f

that was elected on enormous upsurge, hope and change in 2008. economy the sour. he has to recapture that and explain to the american people why they should waited longer for hope and change. >> jamie: what do you think is the most critical question that each of them has to be asked and answered? >> for mitt romney, think it's going to be, do you have a plan that is going to be any better than what we have now? how specifically will you get the economy moving and jobs created? it's one thing to criticize the president but what are you going to do. for the president, all the economic advisors said it was going to be better now. what miscalculations were made. the president's speech in charlotte wasn't specific. what specifically is going to second term going to be different. >> jamie: it was pretty safe bet the question of foreign policy would be answered by president obama with discussions of getting bin laden and beginning to withdraw troops. the fact that we have not had a major attack here on our soil. when it comes to that what about libya and impact on the president and his abil

taxes on the middle-class. we have made changes here in the state of nebraska that grows this economy. that is why i am running for the united states senate. they want a change of leadership in washington. we have a senate in washington that hasn't passed a budget, let alone a balanced budget. we can change that. that is why i am running for the united states senate. i want to pass a balanced budget. i'm not your usual politician. obviously i am not one of the good ole boys, and i will make the tough decisions in the united states senate. we'll roll up my sleeves and work hard for you, and i will fight for you. i will fight for all people. thank you. >> thank you. now the opening statement from former nebraska governor and senator bob kerrey. >> i love nebraska. i was born here in lincoln. i went to lincoln northeast high school. i left nebraska, went to war and came home. i recovered from my injuries here in lincoln. i started a business that today employs more than 700 people. i have served you as your governor. we balanced the budget and the economy recovered. i served as a senator

. if you don't believe me, look at the numbers that just came out in the growth of our economy. 1.3% verses russia at 4%. china at 7% to 8%. we're at 1.3%. this is unacceptable. it is not working. i know what it takes to get us working. he's put us on a road to europe. europe doesn't work in europe. i want to get us back to being america where people come here, build enterprises here. we fulfill american dreams. we keep the hope alive in america. [ cheers and applause ] and this matters. you know this matters. this counts. it counts for the 23 million people struggling to get a job, getting a better job today. it counts for the young peoe. today we wonder whether that's true. the majority of americans don't think that's the case. this matters. there's one more sense in which it matters. that's what i began with, and that is our military capability. our ability to defend our liberty and the liberty of our friends around the world, with whom we trade and with whom we trade and whose prosperity depends on our trade. i was in poland and got the chance to meet a hero. i came in and he said, mr.

, as the presidential candidates focus on the economy, what do the mixed signals mean? we get perspective from two economists. >> woodruff: then, we go on board navy ships in the persian gulf to watch a massive military exercise aimed at securing the strait of hormuz. >> we need to be prepared to deal with mines go in the water. this exercise is focused on the mine trip and demonstrating our able to clear mines. we have to be able to do that. >> suarez: the chinese communist party ousts a once-powerful politician and prepares to unveil its new leadership. margaret warner has our update. >> woodruff: mark shields and david brooks analyze the weeks news. >> suarez: and from our "american graduate" series, we take an encore look at the story of an eighth grader who turns to journalism to tackle violence in his middle school. >> if i didn't have a-- i would probably be let up with the wrong people and doing the wrong stuff. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> bnsf and carnegie corporation. >> and with the ongoing support o

find out the economy's slowing, and someone here says the economic patriotism will only cause this number to keep growing. and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and trai

to do something like this? >> i think it would be a reference back. because the economy takes all the oxygen out of the election with a little bit of foreign affairs, the supreme court does not play against undecided voters. it is a motivator to get out and get to the polls. you want this person to replace justice ginsberg when she retires for example. you want to know if there's any practical experience, and the obama at the lustration has declined to defend the defense of marriage act. present romney might decide he would defend the constitutionality of that statute. it does seem like that has a lot of salience and presidential debates. i.t. think it will not happen. here is why. no major national political figure has attacked as publicly since 1996 or before. it is remarkable. the republicans were seeing some political profit in attacking affirmative action given the polls. they do not do it anymore. john kerry said maybe it is time to stop these racial preferences. the democratic leadership council was inching down that road. that is all gone. this is why we get so demonized i

passed on to our kids. it's not just bad for the economy. it's not just bad for our job creation. it will in my opinion, it's immoral for to us pass on obligations like that to the next generation. >> romney'sry reserting the economic attack on the president as a new study shows median household income fell 1.1% in august to just over $50,000 a year. since june 2009, household income fell $5.7% and they are down 8% since obama took office. romney's blunt assessment is everyone will share in the sacrifice to fix the mess and get people back to work. >> don't expect a huge cut in taxes, i'm also going to lower deductions and exemptions. but by bringing rates down, we will be able to let small businesses keep more of their money so they can hire more people. >> romney's latest ad is just him, framing the choice. >> big government dependency, versus personal responsibility and liberty. >> we shouldn't measure compassion by how many people are on welfare. measure compassion by how many people are able to get off welfare and get a good paying job. >> reporter: that in effect is romney

are really pretty slack, and for government to withdraw support from the economy as the tories have done since 2010 has really been a recipe for a double dip recession and sure enough we have got one. >> you actually have got an interesting case study, america is a much bigger economy than the uk but our two countries were dealing with the financial crisis more or less in the same way. >> yes. >> a new government came in, not just austerity but masochism that is being -- >> by each other --. there is masochism in the uk with respect to the economic, a collector austerity around europe which is related, a separate point. >> the uk laboratory has been used to test the thesis that by contracting government spending you presto expand private enterprise. it hasn't worked and that way we ended up with a simple national -- >> why is that? >> because the private sector is not spending, sitting on 750 billion pounds of cash and not investing, consumers have their wits frightened out of them, export markets are slack, prto, if all of the indicators are point manager the wrong direction you have n

on persuading voters they can boost the economy. but a key question at the heart of it all-- is the economy slowing, stalling, or perhaps even gaining strength in some ways? new data are sending conflicting signs. republican presidential nominee mitt romney campaigned today at a military academy in pennsylvania. romney promised better jobs for young people like the cadets sitting behind him and a better future for the entire country. >> we're in a very different road than what i think the people of the world expected from the united states of america. and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of l

the president has put forward have caused the economy to continue to go down. folks believe the economy is bad right now but what they don't actually believe is it is the president's fault. he has to make that case in the debate with the president standing on the stage with him that the president is the one to blame for the economy we've got right now. >> there is something going on. if he acts too much on the attack, it will look like he is showing disrespect to the president but if he doesn't, then he looks defer yen shl. coach me, tell me how to walk on that stage -- deferential. coach me without being deferential? >> it's a matter of tone and how you address the president. as long as governor romney addresses the president with mr. president, your policies have failed the american people. i think as long as he carries a respectful tone. he needs to be what i would say as passionately aggressive. he is respectful of the president yet he is passionate about making the case it's the president's policies that have failed americans and caused economy to be worse than what it was when he took of

and the economy growing 1.3%, 20 million unemployed i hear it is the economy stupid. the people are not responding to a horrible economy, a terrible pe situation and no plan to go forward. >> not attack ads notvery day i criticism they want to know not the specifics. >> we no hope and change was the fancy slogan. but that turned out not to be the case. they just beat up a president how much can you like a man who was not delivering?vering? at the end of the day he is a failed leader. ba i will cut taxes but i toepeo don't know how much. i will repeal but i have to wait.is presi oba but mathat is the mitt romney slogan.romney instead of saying here is my plan, i have been running six years. lou: if that is true the voters want specificity. why would they not what performance and the plan? >> but we don't have confidence in obama but less paular of governor romney. >> basically this president who ha has blamed his policy on hi failures now has a wonderful advantage to run against an an opponent he can blame is that correct? >> the thing that amazes meng ta i look at the polls. the country wants cha

views on the global economy and perhaps you could start with europe and make your way around the world and perspective on what you see in terms of growth and perhaps more importantly you know, what are the challenges that we are going to have to deal with over the next period of time? >> there's not enough time for all the challenges but let me give you some perspective. let me get to -- let me give away the punchline. the punchline is i think in a world races, the world is not going to come to coming to an end. we are going to muddle through but there are a lot of challenges and a lot of risks that i think the largest outcome come the largest for signage likely outcome by far is that we get through it and a lot of action were to be taken to offer some relief but there are several things that could cause things to derail in which case it would be a lot tougher for a lot longer. but you asked about europe. i think the biggest problem that europe has is growth and the risk problem is the go off the rail, bus stop of the euro. a few months ago we would have said that the two big issues fo

's not forget we also had a dismal report on durable goods orders, once again showing weakness in this economy. investors not worried about these numbers today. >> we got decent news out of europe and china this morning. either way, we're asking if investors should think twice before buying into this kind of a rally based on what the u.s. economy is telling us right now. let's talk about it in today's "closing bell" exchange. we have larry blazer from mayflower advisers and our own rick santelli and mandy drury. larry glazer, you happen to believe that economically there's an iceberg dead ahead. this market doesn't act like it today. >> no, it doesn't. you can see today investors are so focused on the global stimlouse story that they're missing the big picture. the big picture is the fact that the economic data, particularly global manufacturing data, is absolutely rolling over. look at chinese manufacturing, down 11 months in a row. you hit the nail on the head. gdp, durable goods, all a sign of weakness. the problem is the catalysts are behind us and the icebergs are ahead. you've got the fi

: and sit down for an exclusive interview in which we discuss the economy, the new focus on national security. and, growing criticism of the romney campaign. paul ryan, only on fox news sunday. then... we'll preview wednesday's first obama-romney debate. we'll ask our sunday panel which each candidate needs to do to win the first first off. and our power player of the week, has spent almost half of his life, telling the inside story of how a president rose and fell from power. all, right now, on fox news. ♪ >> chris: and hello again, from fox news in washington. with just five weeks until election day, a new poll showing president obama leading in key swing states, the presidential debates may be mitt romney's last, best chance to turn the race around and we wanted to find out what the romney-ryan plan is when they face off against obama and biden. we caught up with running mate paul ryan, saturday in derry, new hampshire. before we sat down for an exclusive interview, we spoke briefly as he was about to take the stage for a campaign town hall. >> chris: what do you think? just bef

on the planet." (laughter) in an ordinary election involving a stagnant economy, global unrest, and the typical incumbent president would be at an enormous disadvantage. unless-- >> does the government have a responsibility to provide health care to the 50 million americans who don't have it today? >> well, we do provide care for people who don't have insurance. we pick them up in an ambulance and take them to the hospital and give them care and different states have different ways of providing for that care. (laughter) >> jon: unless-- normally he would be in trouble unless that incumbent president is running against the guy who just appeared to suggest that we don't need to do a health care plan for uninsured americans because we have emergency rooms! (laughter) and, like, they're open all night. (laughter) they're, like, 7-elevens but-- (cheers and applause) now that-- what he just said is an amazing and unappealing to -lsy statement which on its own would perhaps level the field for the incumbent president but apparently leveling the field isn't good enough for massachusetts mitt "up until

-oriented economy. japan began sending aid and loaned over the years. the japanese prime minister had inflamed tensions after he took office in 2001 with annual business to the shrine in tokyo that honored the war dead and war criminals. china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of chinese respondents expressed negative views of japan. >> those figures suggest they will be challenged to mend relations, but an expert said it may not be as difficult size it appears. >> japan and chiba have been close are than before. we have thousands of years of relationships, but now is the best in a sense that economic exchange and people to people exchange and the le

. it is crippling the iranian economy but it hasn't stopped them from getting nuclear weapons. we both agree that is the ultimate goal. the united states has wanted to bring them to the negotiating table. that has not happened, either. the israelis are almost feeling as though both the mentality and the course of actions that the u.s. has taken and the west in general have been naive. >>shepard: factoring in is the fact that so many analysts with great experience and knowledge of the situation here are of the belief that you cannot stop this by bombing. it will take something else. >>reporter: right. that's tech did you want to look at that exact point look at the people of iran and what they are saying. right before mahmoud ahmadinejad got on a plane to come to the u.n. meeting, the people of iran, and i have been on so many blogs and twitter and facebook, where are we going? we have so many problems at home to address. you do not need to go to the u.n. and talk about world problems and reforming of the global community as has been repeated on interviews and the at podium at the u.n. there

if the economy is growing 3% or above, the presidents would have major headwinds. he will be facing trouble for it. lou: recent polls show incredibly that the romney campaign has been unable to capitalize on the president's economic policy failure. >> we will take all of that back up again. also, israel's prime minister benjamin netanyahu, calling on the united states and united nations to draw a clear red line on iran's nuclear program and former ambassador john bolton. also, shelby steele on how group and identity politics is shaping this presidential election. turning back to the president's so-called new economic patriotism, the polls and what we can expect over the final 40 days now until election day. clinton adviser, fox news political analyst, doug schoen. also, ed rollins, former reagan political director, it's good to have you with us weather thank you very much for having me. lou: let me start with this new theme. we can all agree that the president has a thing called forward i want to understand, if you will, the motto or mitt romney. this is a man ready to sell himself. you don

for life, and until last july he was italy's minister of economy and finance. but he is not exactly a politician. as a respect economist considered be abo party politics he was chosen to form a new technocratic government. it put him at the center of the european debt crisis confronting rising interest rates that led to greece, ireland, and portugal to seek bailouts. his ability to turn calamity into opportunity has revived his nickname "super mario." i have pleased to have him here at this table for the first time. welcome. >> delighted to be here. >> rose: i see that you have said that you're not going to run for pri minister? >> no, i can confirm that i will not be a candidate. i believe i couldn't even be a candidate because, as you mentioned, i am senator for life. so candidates are candidates inn order to become members of parliament. >> rose: and you're senator for life. >> yes. >> rose: do you want to stay as prime minister? >> of course i will not. i will-- the whole government will have to resign when the elections take place, probably next-- after that, it will be for th

patriotism together, we can rebuild this economy together. we will grow the middle class together. we will move forward together. >> eliot: not surprisingly, the same themes play a prominent role in a two-minute long ad the obama campaign is playing in seven swing states including ohio and virginia. >> obama: it's time for a new economic patriotism. rooted in the belief that growing our economy begins with a strong, thriving middle class. compare my plan to governor romney's and decide for yourself. >> eliot: to help voters make the decision, the obama campaign also put out another ad today putting pictures of real people over mitt romney's notorious comments to wealthy donors about americans who don't pay income tax. >> 47% of the people -- who are dependent on government. who believe they're victims. who believe government has responsibility to care for them. who believe they're entitled to healthcare and food, to housing, to you name it. >> eliot: while mitt romney and his super pac allies have raised more money than

everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't

to line up and play the game. trace gallagher, thank you. >> turns out economy is doing worse than we thought. that is the word from the feds. we'll get reaction from the white house. speaking of president obama and governor romney campaigning in the same state but a different state but they are there together. we'll hear from them and show our brand-new fox news polls, what voters have to say about president handling the economy. why the only police officer in one town is in the cube? [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or ot

output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is spor

: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think that had some effect. there is no question that president obama came out of the conventions with a little bit of momentum. you talk, it is not only showing up in the public polling that we're talking about here today but talk to republican pollsters polling on senate and house races and they will talk about what they call the clinton bump. they have seen it across polling in various parts of the country that voters who are asked a question is the country on the right track, is the country on the wrong track, which most pollsters believe the single best determiner ho will win in november, there was a jump in

out enough in debt, and enough taxes we have made changes that grows this economy, and that is why i am running for the united states senate. to change the want leadership in washington. we can change that. that is why i am running for the senate. i want to pass a balanced budget. i am not your usual politician. i'm not one of the good old boys pay ed i will make this tough decisions in the united states senate. i will roll up my sleeves, work hard for you, and i will fight for you. >> now the opening statement from bob kerrey. >> thank you. i love nebraska. i always have and i always will. i was born here in lincoln. i left nebraska and went to war and came home, and i recovered from illness in the lincoln. i started a business that employed more than 700 people. i served as your governor, balancing our budget, and i left after four years and went back to business. i served as your son that -- as your senator, and again we balance our budget. i am a candidate for congress for the senate because congress needs to change, and i will fight to make that happen. i have never had and neve

. on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: israel's prime minister warned again today that iran is well on its way to creating a nuclear weapon and said the world needs to act. benjamin netanyahu spoke at the united nations. as he has often before, netanyahu condemned iran and its nuclear program, and called on other leaders to do the same. >> at stake is not merely the future of my country. at stake is the future of the world. and nothing could imperil our common future more than the arming of iran with nuclear weapons. >> woodruff: the israeli prime minister said the hour is, quote, "getting late

overall economy, we've seen some positives in recent days. the ism services surprised on the up side today, 15 million car sales yesterday and of course stocks have been rising since a year ago today. the s&p is up 32%. so things can't be all that bad. how will the investor class vote in 34 days? but first up, both mitt romney and president obama are in their respective hotel rooms now. they're making final preparations for the big debate and cnbc's own john harwood joins us live with the details. good evening, john. >> good evening, larry. two hours from that debate we've gotten a reminder in the last 24 hours with a slew of polls of how high the stakes are in this debate. we forget sometimes because we talk about how mitt romney is down in the race but he's still got a chance. only down 3 points nationally in the journal/nbc poll. in key swing points he's pulling even in florida, down 1, closer in virginia, down 2, he's still down by 8 percentage points in our poll in the state of ohio, which is a problem for this reason. look at the map of swing states. if you look at the ones where mit

about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of time in thi

of those people work and have children. >> president obama and the economy. how is he managed to avoid public retribution for not fixing the economy? >> it's not a normal thing. >> the extraordinary work of a clinton initiative. >> keep pushing the rocks up the hill. >> big ideas from the big names. dee pock chopra, things get lively at the global initiative. you want to make farming sexy, don't you? this is "piers morgan tonight." >>> mr. president, thank you very much for sparing the time to talk to me. you are in the eighth year now, of the clinton global initiative. i would imagine all the world leaders you managed to amass here, there are a few topics of concentrated attention. probably right at the top of the list would be this simmering tension between israel and iran. now, i interviewed president ahmadinejad last night and he was adamant that he has no plan to build a nuclear weapon, that he has purely peaceful intention. clearly, most people here don't believe him. what is the smart thing for america to do right now, given the ratcheting up of the rhetoric on both sides? >> i

's all about the economy. yesterday he made an interesting pitch to the crowd saying, i need you to go out and tuque to obama. vote for me this time. so they're really trying to target tho voters. as i heard you say earlier,n thpresland in crowd, the romney spinners are pushing back on the polls. they insist they're within the margin of error but they offer no proof of that. he's hoping for big crowdser more enthusiasm and hoping to open the gap here because as you owiny nohio. >> ron allen following the campaign for us. ron, thank you. let's look at the map itself when it comes to ohio. there are less than a thousand hours until election day. is that sinking in? bodisti the campaign trail. if ohio is really leaning toward the president, what does that mean for mitt romney and his potential path to victory? let's go to the latest nbc news battleground map and show you where thisd. last week we moved from toss-up to lean ohio. the president's lead, it went from 24 2770. what does this mean if you give him ohio? well, watch. so you give the president of ohio, he gets up to 261. he use no

will not be looking to score a knockout tonight but will instead zero in on the president's handling of the economy. you can say that the romney game plan for tonight can be boiled down into two key phrases. do no harm and live to fight another day. just a few hours before one of the most important nights of his political life, mitt romney walked tough the debate site in denver prepped for his first one-on-one face-off with the president. campaign officials tell cnn romney's game plan tonight is to provide a clear choice, talk about his plan to create jobs and contrast that with the president's performance on the economy. and in a sign of caution, the campaign says romney won't be looking for a knockout punch. one of romney's top surrogates, florida senator marco rubio says that's the right approach. does mitt romney need to score a knockout punch? >> this is not an athletic competition. this is a debate between two money, one that is president and wants to stay there and one that wants to offer a new direction. >> reporter: all day long the romney campaign has signalled it will go after what it s

taxes will help grow the economy? >> no. >> ryan's expression back there when he looks over at portman, kind of intriguing. it would be curious what a thought bubble would be going on over there. but it's a little bit of a change for romney. he had often been accusing the president of raising taxes or citing increases, i thinking about the health care law, et cetera. a romney adviser put out a memo yesterday explaining how capital gains are taxed. as they say, if you're explaining how capital gains are taxed, not just calling for different ways of lowering them, if you're simile having to explain it, you're losing. romney has also tried to make china a boogeyman and he did it again in ohio yesterday. >> that when people cheat, that kills jobs. china has cheated. i will not allow that to continue. [ cheers and applause ] >> this is one issue where romney has tried to go on the offense with china since he got on the campaign and frafrmgly the obama campaign has been on the defensive about it which is why when obama is in ohio today he's going to make the amount about ohio. he filed trade

at the dynamics economically at play in ohio. governor cakasic's great job of sheparding the ohio economy to account for state unemployment 7.2%, lower than the national average, it also undercuts mitt romney's message this economy isn't in turn around and time to get someone else. >> makes john kasic a hobbled sur row gate for mitt romney, you can't say the economy is great when you're trying to prove the economy is bad. thing about ohio it's an important state, and remember when 2004 the whole election came down to john kerry losing narrowly to george w. bush in that state, the president has a couple huge advantages we're seeing in the ten-point game, one is the auto bailout. there is no state besides michigan be impacted more positively by the auto bailout than ohio. 82 out of 88 counties have an auto parts supplier in them that's felt a direct effect of the bailout. part of why the economy is doing better there. it's enough to move the needle. also the case that anti-union backlash in the industrial midwest and wisconsin has motivated organized labor in ohio in a way, the case always

, the struggling romney campaign is recalibrating his message to better connect with voters on the economy and to attack the president on his handling of the latest foreign policy crisis, the evolving explanation of what exactly happened in libya. when our u.s. ambassador was killed more than two weeks ago on 9/11. we'll hear from a top obama adviser, david plueff. and the governor of new jersey, governor chris christie. let's look at the state of the race, the key battleground states, nine of them, we've done polling in all, here's a result in all nine, it's obama advantage across the board. look at ohio, plus seven. look at virginia, plus five. these are key states. is the race over? >> absolutely not. and that happened pretty quickly, right, david, you saw change in the polls happen quickly. i'm here to tell you this morning. it can happen quickly back the other way. i think the beginning of that is wednesday, when governor romney for the first time gets on the same stage as the president of the united states, people can make a direct comparison about them and their visions for the futu

to find work in today's economy. too many of those whore payc.ng are liaycheck to acare ling in poverty than when president obama took office. and 15 million more are on food stamps. my plan will create 12 million new jobs over the next four years. we shoul'teasure compassion by how many pele are on wee. hosuomio by how many people are able to get off welfare and get a good paying job. i'm mitt romney, and i approved this message. >> i think that ad just makes my odorning, it's thursday, september 27th, as you take a look at a wet times square in new york city. i'm in chicago this morning, but with us in new york city wh willie geist, our national affairs editor for "new york" magazine andnbit analyst, john heilemann. also former treasury official and "morning joe" economic analyst steve ratner and nbc news chief affairs correspondent and ht of "andrea mitchell reports." >> we have affairs. >> andrea mitchell. aninasto f "the politico playbook," executive executor jim vandehei. of course, willie, we've got a lot to talk about. let's start really quickly with the refs! >> they're back. >

while consumer prices slipped further in august raising fears the world's third biggest economy could yet fall into recession by year end. >>> what a big day. >> super friday. >> we have the french budget proposal, the results of the spain audit/stress test, we've got, what else -- it's the end of the quarter. britain is announcing it libor reforms. >> that's not what i was talking about. it's the ryder cup, folks. forget all that stuff. >> by the way, i had to google the ryder cup. >> far more important event. >> we'll talk about that later in the program. >> i don't know who insisted on that, but apparently we are going to cover it. >> before we get to that, the government of hollande is about to present it first budget. its expected to whicheverdelives of tax hikes. meantime european policymakers are appraising spain's reform plan. but today the government must brace for the results of the banking stress tests that will determine the recapitalization needs of the country's most troubled lenders. we have steve sedgwick following the story in thmadrid, but firs out to stefane i

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